TARGET EMBRACES IG CHECKOUT, BEST BUY EMERGES A WINNER, MACY’S FORECASTS A Q1 LOSS OF $1B, PRIME DAY IN SEPT.

Target is the first mass retailer to make its products available through Instagram Checkout. via Target Corporate.

Best Buy’s online sales rose more than 155%, allowing it to hold on to most of its revenue even as stores closed during the COVID-19 crisis. Coverage from Ben Unglesbee.

Macy’s expects first-quarter sales to fall by as much as 45%, and it could report a loss of more than $1 billion, as the department store operator was forced to shut stores amid the Covid-19 crisis. Story by Lauren Thomas.

Amazon.com is taking a number of steps to return to pre-pandemic business operations, including scheduling its annual Prime Day shopping promotion for the fall and allowing unlimited shipments of nonessential goods to warehouses. Reporting from Dana Mattioli.